Strata Skin Sciences (NASDAQ:SSKN) Stock Price Passes Above 200-Day Moving Average – Time to Sell?

Strata Skin Sciences, Inc. (NASDAQ:SSKN) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $2.42 and traded as high as $2.59. Strata Skin Sciences shares last traded at $2.38, with a volume of 4,435,527 shares changing hands.

Strata Skin Sciences Price Performance

The firm’s fifty day simple moving average is $2.09 and its 200 day simple moving average is $2.41. The firm has a market cap of $9.92 million, a P/E ratio of -0.84 and a beta of 0.66. The company has a debt-to-equity ratio of 49.58, a quick ratio of 0.75 and a current ratio of 0.98.

Strata Skin Sciences (NASDAQ:SSKN) last released its quarterly earnings data on Wednesday, August 13th. The medical device company reported ($0.60) EPS for the quarter, missing the consensus estimate of ($0.27) by ($0.33). Strata Skin Sciences had a negative net margin of 35.13% and a negative return on equity of 266.94%. The company had revenue of $7.70 million for the quarter, compared to the consensus estimate of $8.56 million. As a group, analysts forecast that Strata Skin Sciences, Inc. will post -1.05 earnings per share for the current year.

Strata Skin Sciences Company Profile

STRATA Skin Sciences, Inc, a medical technology company, develops, commercializes, and markets products for the treatment of dermatologic conditions in the United States, Europe, the Middle East, Asia, Australia, South Africa, and Central and South America. The company operates in two segments, Dermatology Recurring Procedures and Dermatology Procedures Equipment.